Problem 14-03A a-d On January 1, 2020, Wildhorse Corporation had the following stockholders' equity accounts. Common...

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Problem 14-03A a-d On January 1, 2020, Wildhorse Corporation had the following stockholders' equity accounts. Common Stock (no par value, 94,000 shares issued and outstanding) Retained Earnings During the year, the following transactions occurred. $1,365,000 530,000 Feb. 1 Declared a $1 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 3-for-1 stock split. Prior to the split, the market price per share was $37. July 1 31 Dec. 1 31 Declared a 6% stock dividend to stockholders of record on July 15, distributable July 31. On July 1, the market price of the stock was $12 per share. Issued the shares for the stock dividend. Declared a $0.50 per share dividend to stockholders of record on December 15, payable January 5, 2021. Determined that net income for the year was $310,000. Problem 14-03A a-d On January 1, 2020, Wildhorse Corporation had the following stockholders' equity accounts. Common Stock (no par value, 94,000 shares issued and outstanding) Retained Earnings During the year, the following transactions occurred. $1,365,000 530,000 Feb. 1 Declared a $1 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 3-for-1 stock split. Prior to the split, the market price per share was $37. July 1 31 Dec. 1 31 Declared a 6% stock dividend to stockholders of record on July 15, distributable July 31. On July 1, the market price of the stock was $12 per share. Issued the shares for the stock dividend. Declared a $0.50 per share dividend to stockholders of record on December 15, payable January 5, 2021. Determined that net income for the year was $310,000.